Job Cut Fears As Kraft Sees Profits Slide

Summary


Kraft Foods has said it could not rule out job losses in Britain after the company announced that 6,000 staff would be axed worldwide.

The firm said 1,300 salaried positions in north America will go first, with the remaining cuts occurring over the next three years. It follows more than a year of disappointing sales and earnings for the biggest food company in the US.

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Job Cut Fears As Kraft Sees Profits Slide

Kraft Foods UK said that...

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